CHENG FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: CHENG FAMILY FOUNDATION (EIN 90-0883149)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202103199349102645
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Depreciation Schedule
Gain Loss Sale Other Assets Sch
Investments Other Schedule2
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T08:24:04-08:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Barbara L Nielsen CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2629 Foothill Blvd 320	AddressLine1Txt
City	La Crescenta	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91214	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	900883149	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CHENG FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CHEN	BusinessNameControlTxt
Phone	6268075621	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	66 WAVERLY DRIVE	AddressLine1Txt
City	PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91105	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JENNIFER CHENG	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6268075621	PhoneNum
Signature	2021-05-03	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JENNIFER	PersonFirstNm
Person Last	CHENG	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Barbara L Nielsen	PreparerPersonNm
PTIN	P00537965	PTIN
Phone	8189572208	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$7,515,337	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$890	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$890	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$14,091	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$14,091	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$297,449	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$297,449	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$153,955	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$209,570	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$397,500	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$0	NetSTCapitalGainAdjNetIncmAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$100,808	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$100,808	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$622,808	TotalRevAndExpnssAmt
Total Net Invst Incm	$413,238	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$242,167	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$145,300	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$72,650	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$30,473	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$0	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$23,144	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$12,266	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$6,249	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$141	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$17,940	AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$0	OtherProfFeesRevAndExpnssAmt
Interest Rev And Expnss	$28	InterestRevAndExpnssAmt
Interest Net Invst Incm	$28	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$24,333	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$22,548	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$97,851	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$97,766	DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$3,150	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$3,150	TravConfMeetingNetInvstIncmAmt
Other Expenses Rev And Expnss	$48,185	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$32,002	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$705	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$487,412	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$313,060	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$79,604	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$150,581	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$150,581	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$637,993	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$313,060	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$230,185	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$15,185	ExcessRevenueOverExpensesAmt
Net Investment Income	$100,178	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$10,192	CashBOYAmt
Cash EOY	$33,021	CashEOYAmt
Cash EOYFMV	$33,021	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$94,530	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$145,200	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$145,200	SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY	$0	RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY	$11,000	RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV	$11,000	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
US Government Obligations BOY	$374,432	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$144,603	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$144,145	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$465,892	CorporateStockBOYAmt
Corporate Stock EOY	$694,915	CorporateStockEOYAmt
Corporate Stock EOYFMV	$882,425	CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis	$4,900,725	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$641,597	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$4,512,029	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$4,259,128	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$4,259,128	LandBldgInvestmentsEOYFMVAmt
Mortgage Loans EOY	$1,900,000	MortgageLoansEOYAmt
Mortgage Loans EOYFMV	$1,900,000	MortgageLoansEOYFMVAmt
Other Investments BOY	$246,300	OtherInvestmentsBOYAmt
Other Investments EOY	$149,252	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$139,859	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,236	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,194	LandBldgEquipAccumDeprecAmt
Land BOY	$127	LandBOYAmt
Land EOY	$42	LandEOYAmt
Land EOYFMV	$42	LandEOYFMVAmt
Other Assets BOY	$220	OtherAssetsBOYAmt
Other Assets EOY	$517	OtherAssetsEOYAmt
Other Assets EOYFMV	$517	OtherAssetsEOYFMVAmt
Total Assets BOY	$5,703,722	TotalAssetsBOYAmt
Total Assets EOY	$7,337,678	TotalAssetsEOYAmt
Total Assets EOYFMV	$7,515,337	TotalAssetsEOYFMVAmt
Loans From Officers EOY	$0	LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY	$1,900,000	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$0	MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$3,476	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$1,900,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,476	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$3,803,722	RetainedEarningBOYAmt
Retained Earning EOY	$7,334,202	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$3,803,722	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$7,334,202	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,703,722	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$7,337,678	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$3,803,722	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$15,185	ExcessRevenueOverExpensesAmt
Other Increases	$3,800,000	OtherIncreasesAmt
Subtotal	$7,588,537	SubtotalAmt
Other Decreases	$254,335	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$7,334,202	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	DepreciationDepreciationAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	FMV As Of123169FMVAsOf123169Amt	Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt	Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES,SHORT-TERM	P	2020-01-01	2020-07-01	$1,358,266	$0	$1,596,567	-$238,301	$0	$0	$0	-$238,301
PUBLICLY TRADED SECURITIES,LONG-TERM	P	2019-12-31	2020-12-31	$85,640	$0	$91,115	-$5,475	$0	$0	$0	-$5,475

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$243,776	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$238,301	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,392	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,392	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,392	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$4,566	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$6,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$10,566	TotalPaymentsAndCreditsAmt
Original Return Overpayment	-$10,566	OriginalReturnOverpaymentAmt
Overpayment	$9,174	OverpaymentAmt
Applied To ES Tax	$9,174	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	DE	OrgReportOrRegisterStateCd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	INTEGRITY ACCOUNTING SOLUTIONS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8184140332	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	201 N BRAND BLVD Ste 200	AddressLine1Txt
City	GLENDALE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	912033590	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	Yes (true)	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JENNIFER CHENG
66 WAVERLY DRIVE	PASADENA	CA	91105	PRESIDENT & DIRECTOR	30.00	$242,167	$0	$0
KEITH CHENG
17542 MARDEE AVE	LAKE OSWEGO	OR	97035	DIRECTOR & SECRETARY	2.00	$0	$0	$0
JEAN LING
6152 AVALON CT	LONG BEACH	CA	90803	DIRECTOR	0.50	$0	$0	$0
EUGENE CHENG
1931 E IRON ST	MILWAUKEE	WI	53207	DIRECTOR & TREASURER	0.50	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NOT APPLICABLE	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$966,150	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$141,471	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$6,834,475	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$7,942,096	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$7,942,096	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$119,131	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$7,822,965	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$391,148	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$391,148	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,392	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,392	TotalTaxAmt
Distributable Before Adj	$389,756	DistributableBeforeAdjAmt
Distributable Before Ded	$389,756	DistributableBeforeDedAmt
Distributable As Adjusted	$389,756	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$230,185	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$230,185	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$230,185	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$389,756	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Excess Distribution Cyov Yr5	$920,462	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,864,331	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,619,018	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$1,175,581	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$364,265	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$5,943,657	TotalExcessDistributionCyovAmt
Qualifying Distributions	$230,185	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$230,185	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$159,571	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$159,571	ExcessDistributionCyovAppCYAmt
Total Corpus	$5,784,086	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$760,891	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$5,023,195	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,864,331	ExcessFromYear4Amt
Excess From Year3	$1,619,018	ExcessFromYear3Amt
Excess From Year2	$1,175,581	ExcessFromYear2Amt
Excess From Year1	$364,265	ExcessFromYear1Amt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CHAMBER MUSIC NORTHWEST
522 SW 5TH AVENUE	PORTLAND	OR	97204	PUBLIC CHARITY	GENERAL SUPPORT	$10,000
DANCE CONSERVATORY OF PASADENA SCHOOL
66 WAVERLY DRIVE	PASADENA	CA	91105	PUBLIC CHARITY	GENERAL SUPPORT	$45,000
OHSU DIVISION OF CHILD PSYCHIATRY
3181 SW SAM JACKSON PARK RD	PORTLAND	OR	97239	PUBLIC CHARITY	GENERAL SUPPORT	$15,000
PARK ACADEMY
PO BOX 242	MARYLHURST	OR	97036	PUBLIC CHARITY	GENERAL SUPPORT	$15,000
THE HUNTINGTON LIBRARY & ART GALLERY
1151 OXFORD ROAD	SAN MARINO	CA	91108	PUBLIC CHARITY	GENERAL SUPPORT	$5,581
TRILLIUM FAMILY SERVICES
3415 SE POWELL BLVD	PORTLAND	OR	97202	PUBLIC CHARITY	GENERAL SUPPORT	$10,000
UNIVERSITY OF SOUTHERN CALIFORNIA
840 WEST 34TH STREET	LOS ANGELES	CA	90089	PUBLIC CHARITY	GENERAL SUPPORT	$50,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$150,581	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$209,570	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$209,570	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$209,570	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	0	LineNumberTxt
Relationship Statement	NOT APPLICABLE	RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (6 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt
506 CANYON DR #85, OCEANSIDE	2012-05-18	$186,577	$27,816	SL	27.500000000000	$456
COMPUTER (CFF)	2016-10-17	$1,236	$491	200DB	5.000000000000	$85
RENTAL HOUSE - PARK SOLDI (CFF)	2019-10-03	$1,387,723	$5,176	SL	27.500000000000	$24,844
HARDWOOD FLOOR-PARK SOLDI (CFF)	2019-10-03	$26,253	$199	SL	27.500000000000	$955
COMMERC'L PROPERTY-HAPPY VALLEY RD, AZ	2012-06-15	$3,483,579	$538,912	SL	39.000000000000	$71,458
AIR CONDITION UNIT (CFF-PARK SOLDI)	2020-07-17	$3,170		SL	27.500000000000	$53

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	506 CANYON DR #85, OCEANSIDE	AssetDesc
Acquired	2012-05	AcquiredDt
Sold	2020-02	SoldDt
Gross Sales Price	$397,500	GrossSalesPriceAmt
Basis	$186,577	BasisAmt
Sales Expense	$29,625	SalesExpenseAmt
Total Net	$209,570	TotalNetAmt
Accumulated Depreciation	$28,272	AccumulatedDepreciationAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
PARTNERSHIP - RVMA BEACON, LLC	$139,859	$139,859
OPTIONS - AMERITRADE	$9,393	$0

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DUE FROM LEXINGTON, PROPERTY MGMT	Desc
BOY Book Value	$220	BOYBookValueAmt
EOY Book Value	$517	EOYBookValueAmt
EOYFMV	$517	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
NET CAPITAL LOSS LIMITED TO ZERO FOR TAX	$243,777
PARTNERSHIP CAPITAL ADJ TO TAX BASIS, RVMA BEACON	$10,558

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (23 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUTO EXPENSE	$860	$860
AUTO EXPENSE REIMB	-$9,895	-$4,947
BANK SERVICE CHARGES	$52
COMPUTER & INTERNET CHARGES	$2,451
DUES & SUBSCRIPTIONS	$4,900	$2,500
INSURANCE	$4,769
LICENSE - CA SEC OF STATE	$25
LICENSE - DELAWARE CORP	$25
INVESTMENT MANAGEMENT FEES	$8,375	$8,375
INVESTMENT EXP - OTHER	$476	$476
MEALS	$164	$164
OFFICE SUPPLIES	$1,141	$143	$41
PARKING	$110	$110
PAYROLL SERVICES	$1,242	$658	$335
POSTAGE	$986	$329	$329
STORAGE	$9,170
RENTAL BUS LICENSE	$25	$25
AZ RENTAL CAM CHARGES	$3,775	$3,775
RENTALS HOA DUES	$4,415	$4,415
RENTAL INSURANCE	-$2,661	-$2,661
RENTALS PROPERTY MGMT	$3,603	$3,603
RENTALS REPAIRS & MAINT	$14,134	$14,134
OCEANSIDE RENTAL UTILITIES	$43	$43

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
INTEREST INCOME-GLENDALE & 43RD LOAN	$113,205	$113,205
PARTNERSHIP LOSS-RVMA BEACON LLC	-$12,397	-$12,397

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR PERIOD ADJUST - CORRECT MERGER ENTRY	Desc
Amt	$3,800,000	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (6 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
CA LLC TAX & FEE	$1,700
CA REGISTRY OF CHAR TRUSTS	$75
CA FTB ANNUAL FEE	$10
FOREIGN TAXES	$153	$153
RENTALS - PROPERTY TAX	$17,752	$17,752
SALES TAX, LEASE INCOME	$4,643	$4,643